Opposition: "Kim Tae-woo, living in a 10 million won Jeonse in Gangseo-gu, owns apartments worth over 1 billion won in Bundang and Seongsu"

The Democratic Party criticized Kim Tae-woo, the People Power Party candidate for Gangseo District Mayor, for living in a rented apartment in Gangseo District with a deposit of about 10 million won while owning high-priced apartments in Bundang, Seongnam, Gyeonggi Province, and Seongsu-dong, Seongdong District, Seoul, saying he "mocked the residents of Gangseo District."

On the 4th, Kwon Chil-seung, the senior spokesperson for the Democratic Party, stated in a written briefing, "Candidate Kang owns apartments worth over 1 billion won each in Bundang-gu, Seongnam City, and Seongsu-dong, Seongdong-gu, but it has been confirmed that he is living in a rented apartment with a deposit of 10 million won in Gangseo District," adding, "He constantly preaches fairness and common sense, but this reveals the hypocrisy of a typical double-faced regime and a self-proclaimed public whistleblower."

Election posters are posted near the Hwagog Station intersection in Gangseo-gu, Seoul, one week before the Gangseo District Mayor by-election on the 4th. Photo by Jinhyung Kang aymsdream@

Senior spokesperson Kwon introduced, "According to the candidate's property declaration to the Central Election Commission, the apartment in Bundang-gu is registered under his name at 1.051 billion won, and the apartment in Seongsu-dong is registered under his spouse's name at 1.04 billion won," adding, "Currently, apartments of the same size owned presumably by Kim Tae-woo and his spouse are listed at prices ranging from 1.34 billion won to 1.75 billion won and from 1.37 billion won to 1.4 billion won, respectively."

He criticized, "He asked for leniency regarding the 4 billion won cost of the by-election caused by his own fault, so should the ownership of multiple homes worth over 2 billion won outside the electoral district and a 10 million won deposit rental within the district also be considered lenient?" He added, "If the People Power Party was unaware of Kim’s real estate holdings beforehand, it is incompetent; if they knew and still nominated him, they mocked the residents of Gangseo District." He continued, "Does Kim have no minimum sense of shame as a candidate for a basic local government head? I ask if he has any intention to show shame by disposing of the apartments in Bundang and Seongsu-dong even now."

This content was produced with the assistance of AI translation services.